Skip navigation links
Press Releases
News from Turkey
Publications
Upcoming Tenders
Links
Videos
Newsletter Subscription
This page is print preview page.
Click here to return to the page.
Print page
News
 
Turkey looks to secure additional FDI from Italy 
22.02.2018

Following a visit to Rome earlier in the month, Terni and Milan were the focus of ISPAT’s second round of investor meetings in Italy on February 21 and 22 respectively.

 

ISPAT Country Advisor Yasemen Korukçu was the featured speaker at the "International Forum: Focus on Turkey" held by Unicredit Group in collaboration with Confindustria Umbria, Umbria Export, ISPAT, and NCTM law firm in Terni on February 21. The forum provided a comprehensive overview of Turkey’s economic outlook and the business opportunities available to Italian companies willing to operate in Turkey.

 

The second meeting on "Turkey: New Opportunities for Italian Companies" held by the Assolombarda Confindustria Milano Monza e Brianza, ISPAT, and the UniCredit Group convened on February 22 in Milan. This meeting focused on Turkey’s political-economic framework and provided insight into key sectors in the country.

 

Delivering a keynote address at the meeting, ISPAT President Arda Ermut said that Turkey offers abundant opportunities in a variety of sectors that need further investment, particularly from foreign investors. “Investments totaling more than USD 100 billion are required in the energy sector over the next decade to satisfy the increasing energy needs. Meanwhile, almost 30 percent of Turkey’s infrastructure investment need till 2023 is expected to be made through public-private partnership model mega projects,” said Ermut.

 

Ermut also highlighted Turkey’s advantages compared to other developing countries. Turkey’s robust economy, strong domestic market, strategic location, reforms and incentives, skilled labor-force, favorable demographics, and liberal investment climate are factors that Ermut hopes will further increase Italian companies’ engagement with Turkey.

 

Italy is a target country for Turkey and it is one of its most important trade and investment partners with a bilateral trade volume of USD 19.8 billion in 2017. Turkey had USD 11.3 billion in imports from Italy, making it the fifth country in imports in 2017. Turkey also had USD 8.5 billion in exports to Italy, ranking the country as the sixth largest destination for Turkish exports.

 

Along with ISPAT President Arda Ermut, ISPAT Coordinators Başak Avcı and Mustafa Erdönmez delivered presentations on chemicals, renewable energy and machinery sectors in Turkey.

21.11.2018 Turkey and Russia Mark Completion of Offshore Section of Turkstream
18.11.2018 GE to Develop Manufacturing Tech for Aviation in Turkish Lab
16.11.2018 Toyota Begins Mass Production of New Corolla Hybrid in Turkey
13.11.2018 Pirelli’s Licensed Manufacturer Prometeon Invests in Turkey
05.11.2018 Turkey Earns Spot Among Top 10 Global Improvers According to World Bank
30.10.2018 Istanbul Airport, 'World's New Hub', Officially Opened
19.10.2018 Socar Inaugurates Star Refinery in Turkey's İzmir
19.10.2018 Oyak Renault Breaks Ground for its New Plant in Turkey’s Bursa
11.10.2018 Wabco Opens Distribution Center in Istanbul
08.10.2018 Lohmann Engages Manufacturing Facility in Gebze
<<
1 2 3 4 5 6 7 8 9 10
>>